1713 Gerrard RdAndersonSC29625
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Anderson at 1713 Gerrard Rd, Anderson, SC, 29625 uses $132,567 cash to close to unlock $3,765/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $2,694/mo, and a $1,957/mo payment keeps the spread at $314/mo. Purchase price stands at $399,900, and rental yield measures 8.08% with $2,694/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash records $156,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,694/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29625, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,668 (100%) |
| Owner Occupied HU | 9,318 (63.5%) |
| Renter Occupied HU | 3,934 (26.8%) |
| Vacant Housing Units | 1,416 ( 9.7%) |
| Median Home Value | $253,495 |
| Average Home Value | $329,244 |
Housing Distribution
Address Breakdown
Residential
13,807
Single Family
12,938
Multi-Family
869
Businesses
706
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Listed by: The Clever People • eXp Realty, LLC (Clever People)
Mls Name: WUMLS
Mls ID: #20291108